1st Colonial Bancorp (OTCMKTS:FCOB) Shares Up 0.1% - What's Next?

Key Points

• 1st Colonial Bancorp's stock rose by 0.1% to close at $18.07, with a significant drop in trading volume, down 99% from average daily activity.
• The company reported $0.46 earnings per share for the last quarter, along with revenues of $8.32 million and a net margin of 17.58%.
• A hedge fund recently acquired a new stake in 1st Colonial Bancorp, purchasing 5,579 shares valued at approximately $90,000.

1st Colonial Bancorp Inc. (OTCMKTS:FCOB - Get Free Report)'s stock price rose 0.1% during mid-day trading on Monday . The company traded as high as $18.07 and last traded at $18.07. Approximately 469 shares were traded during trading, a decline of 99% from the average daily volume of 70,293 shares. The stock had previously closed at $18.06.

1st Colonial Bancorp Stock Performance

The stock has a market capitalization of $86.74 million, a P/E ratio of 10.51 and a beta of 0.07. The company has a quick ratio of 0.90, a current ratio of 0.92 and a debt-to-equity ratio of 0.42. The business has a fifty day moving average price of $17.40 and a 200-day moving average price of $16.09.

1st Colonial Bancorp (OTCMKTS:FCOB - Get Free Report) last announced its quarterly earnings results on Tuesday, July 22nd. The company reported $0.46 earnings per share (EPS) for the quarter. The firm had revenue of $8.32 million for the quarter. 1st Colonial Bancorp had a return on equity of 10.67% and a net margin of 17.58%.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in 1st Colonial Bancorp stock. FNY Investment Advisers LLC purchased a new stake in shares of 1st Colonial Bancorp Inc. (OTCMKTS:FCOB - Free Report) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 5,579 shares of the company's stock, valued at approximately $90,000. FNY Investment Advisers LLC owned approximately 0.12% of 1st Colonial Bancorp at the end of the most recent reporting period. 13.44% of the stock is currently owned by institutional investors and hedge funds.

About 1st Colonial Bancorp

1st Colonial Bancorp, Inc operates as the bank holding company for 1st Colonial Community Bank that provides a range of business and consumer financial services in New Jersey. The company offers various deposit products, including savings accounts, money market accounts, certificates of deposit, club accounts, and business and personal checking accounts.

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